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- Company news: Starbucks (SBUX) quarterly earnings match analysts' estimates
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31.07.2024
Company news: Starbucks (SBUX) quarterly earnings match analysts' estimates
Starbucks (SBUX) reported Q3 FY2024 earnings of $0.93 per share (versus $1.00 per share in Q3 FY2023), marching analysts’ consensus estimate of $0.93 per share.
The company’s quarterly revenues amounted to $9.114 bln (-0.6% y/y), missing analysts’ consensus estimate of $9.249 bln.
The company also reiterated all of its FY2024 financial targets.
SBUX rose to $78.50 (+3.37%) in pre-market trading.
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